As you know, the combination of an ultra-supportive Fed, historic excess liquidity, and a synchronized pivot in the global economy should continue to favor the intermediate to long-term uptrend in the market, but it typically doesn’t happen in a straight line. The S&P 500 (SPX) is at our 3300+ target due in large part to incredible moves in just a few stocks. My kids are operating their enterprise software business out of the house due to Covid-19, and I want to pass along a conversation a few of us had:
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